Term
a rider the doubles the face amt of life insurance if death occurs as a result of an accident |
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Definition
accidental death benefit rider |
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Term
the accidental death benefit rider is also known as |
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the cost of the accidental death benefit rider is relatively |
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Term
before a double indemnity benefit is paid, the death must be caused directly, and apart from any other cause, by |
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before a double indemnity benefit is paid, the death must occur w/in 90 of |
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Term
the purpose of this requirement in the accidental death benefit rider is to establish the fact that accidental bodily injury is the proximate cause of death |
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Definition
death must be w/in 90 days of accident |
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Term
before the double indemnity benefit is paid, accidental death must occur before some specified |
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w/ the accidental death benefit rider, the coverage usually terminates on the policy anniversary date just after the insured reaches |
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a major objection to the accidental death benefit rider is that what is not doubled or tripled if the death results from an accident? |
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Definition
the economic value of a human life |
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b/c most persons are what, the premiums for the double indemnity rider could be better used to purchase an additional amount of life insurance, which would cover both accidental death and death from disease? |
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a major objection to the accidental death benefit rider is that a person may be deceived and believe that he or she has more insurance than is |
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